Ackman’s Pershing Square Tops HSBC Performance Chart
Pershing Square Capital, a New York-headquartered activist hedge fund management company founded and run by Bill Ackman, is leading as the top performing hedge funds by HSBC's performance chart on the back of strong August.
William
Ackman’s Pershing Square Capital widened its lead as the top performing
hedge funds monitored by HSBC’s HedgeWeekly report, with the ISAM
Systmatic Fund elbowing its way into third place after posting a monster
performance number in August.
Other
notables in the top five include Chenavari Toro Capital fund, with
19.21 percent performance year to date, and Trisheld Special Situations
fund, posting 18.08 percent year to date performance.
Ackman’s Pershing Square moves to 29.89%% YTD performance
It
was Ackman that took the spotlight, however. From ValueWalk’s last post
on July 28, Pershing Square extended its lead, moving from 23.97
percent performance year to date to 29.89 percent performance in the
most recent HSBC report – and in doing so extended his lead over second
place Pharo Trading Fund, with 21.34 percent year to date performance.
Source: ValueWalk
